FII FnO Data Analysis for 05 Nov

FII’s bought 6.2 K contract of Index Future worth 163 cores, 13 K Long contract were added by FII’s and 6.7 K short contracts were added by FII’s. Net Open Interest increased by 19.8 K contract , so FII have slowly started shorts in Index Futures.

After rise of 2 days Nifty consolidated on MOnday, 8350/8364 is important range unable to break and closing below 8300 can see some pullback to 8200 odd levels. 6 November is again holiday so volumes will be less and choppiness will be part and parcel of trading.

Nifty Future November Open Interest Volume is at 2.14 core with addition of 6 lakh in OI suggesting long addition

Total Future & Option trading volume was at 1.33 lakh core with total contract traded at 2.8 lakh. PCR @0.90.